Two weeks. Energy stocks are popping. As a result today, theyre not taking the stock market with it. Well tell you whats behind the move coming up momentarily. And bank of america ceo telling cnbc this morning, the customer looks strong in august. Tell that to some of the Grocery Stores and food distributors like supervalu, which is getting smacked today. After the bell, the ceo of allergan will explain why hes coming out with a major stand against drug price increases. Thats a cnbc exclusive with Brent Saunders coming up a little bit from now. And weve got the Company Behind the dna test that completely changed mr. Griffiths life and inspired the look the stranger in my genes. Weve been talking about the book, which came out on tuesday, and well have more about the tests themselves in jus a moment. And hes going to demonstrate how you take a test. Youre very anxious to take a dna test. Uhhuh. I think its a great idea. The whole evans family needs to take a dna test. That might be true
Precisely two years ago today, february the 13th of 2014. Well let them play it out there at the end of the overture. The 10year hit 1. 53, up 11 basis points since that low and oil is coming back after these opec headlines that well talk about in just a moment. A wild last 30 minutes and weve had disappointing numbers out of europe. The banks over there are suffering. Well talk about that with some of our guests coming up here and the impact thats having on our markets as well. It started in the overnight session today and it looks like the worst of it happened just as markets were testing that 1812 level and falling through it and this news out of opec, the u. S. Benchmark has moved up more than 3 off the lows of 30 minutes ago. Well get more insight from former leaders in the financial space over the next two hours about whats happening across the Financial Complex here. Peter sands is joining us and citigroup vice chair bruce rhodes and former wells fargo ceo. Not just the banks. L
Customers, facebook is finding out what it means to be a hardware company. Yes. On Major League Baseballs opening day and today as well, rob manfred will join us at post nine to discuss ticket prices and a lot to talk about. It will be a very interesting conversation. We want to start with tesla. Shares are popping today on reportedly strong early demand nor the mass market model three car. Phil lebeau has been following the figures from a tweet storm of elon musk. What do we know . A big three or four days for tesla and elon has been tweeting and giving us numbers on the amount of reservations placed for model 3. At the end of saturday night, 276,000 reservations, likely much bigger than that now but we havent gotten an update from tesla. The base price for model 3, 35,000. That means if they only sold 276,000 at the base price and we know they go for much more, they bring in 9. 6 billion when those sales were completed. By the way, model three deliveries start in 2017, by then it wil
Just bought valent irnts and icon prince has died, wee talk to b. E. T. Founder be his impact around the world. The market seemingly breathing a sigh of relief on this today, Julia Boorstin will bring us up to day. Julia . Dish and viacom came to the deal in the 11th hour, this sending shares higher today. Up now about 12 , the stocks now in the green for the year. Analysts saying 14 million customers it could have been a catastrophe secure since the ratings happened in decline. Now, in addition to keeping viacoms 18 channels on dish, this multiyears renew at includes putting the viacom content on sling tvs direct to consumers skinny bundles. Dish shares are up not quite as much, but analysts say this could help dish grow slingtvs subscriber for the skinny bundles. The fact these two sides did strike a deal did protect the tv bundle for a bit longer. Mike and kelly, back over to you. And now to General Motors earnings beat. Phil lebeau has the story there. Hey, phil. Hi, guys, the stor
The fresh rears, two the year yield now is at. 8 , just below that we are at a level we havent seen since april of 2011. What is that screaming for right now . The most interesting thing is this is happening, these yields moving higher even as we are getting this nice rally with the dow up 250 points and counting. Coming up Richard Fisher will join us at the Stock Exchange to give us his odds for an Interest Rate hike in a couple of days. He is the perfect guy to have on today. Tesla getting some high end competition. Could porsches electric concept car really give tesla a run for its money . Weve got the video, the super cool looking car and both sides of that story coming up. And Mark Zuckerberg fielding questions right now at a facebook town ham. We will bring you the late fres that event throughout the hour and you can choose to like or dislike. Yes, you may do that now. You will have a choice. Isnt that interesting . Lets get right to bob pisani who has been tracking this action a